Bayview Asset Management 13F annual report
Mason Cooper
Updated on March 21, 2026
Bayview Asset Management is an investment fund managing more than $177 billion ran by Michael Magee. There are currently 13 companies in Mr. Magee’s portfolio. The largest investments include Enact Inc and Banc of California Inc, together worth $155 billion.
$177 billion Assets Under Management (AUM)
As of 2nd February 2024, Bayview Asset Management’s top holding is 4,411,459 shares of Enact Inc currently worth over $127 billion and making up 72.0% of the portfolio value.Relative to the number of outstanding shares of Enact Inc, Bayview Asset Management owns more than approximately 0.1% of the company.In addition, the fund holds 2,032,520 shares of Banc of California Inc worth $27.3 billion, whose value fell 4.7% in the past six months. The third-largest holding is Guild Hldgs Co worth $11.7 billion and the next is Spdr Ser Tr worth $1.57 billion, with 30,000 shares owned.
Currently, Bayview Asset Management's portfolio is worth at least $177 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Bayview Asset Management
The Bayview Asset Management office and employees reside in Coral Gables, Florida. According to the last 13-F report filed with the SEC, Michael Magee serves as the Chief Financial Officer at Bayview Asset Management.